The Ethereum Foundation is allocating 1 million USD in grant funding to organizations that educate governments and policymakers about Ethereum and blockchain technology. We encourage others in the Ethereum community to support their important work.
A space to grow, and to do good
We understand that transformative technologies raise new questions for regulators and governments. However, regulators must strike a balance between protecting their constituents from bad actors and fraud while also supporting the growth of new industries. The Ethereum community can have a positive role in this process, by providing information and resources to policymakers and governments.
The good news is that there are a growing number of amazing organizations that are taking on this role for our community, some of which are exclusively focused on Ethereum and blockchain and others that understand its potential as a tool to fulfill their broader missions of privacy, transparency, financial inclusion, and beyond.
Supporting those who support us all
For the educators
The Ethereum Foundation is providing grants that total to $500,000 USD to three of the organizations that have helped lead the way in educating policymakers and regulators:
- Coin Center: The leading US non-profit focused on the policy issues facing blockchain networks
- Electronic Frontier Foundation: A non-profit leader in defending digital privacy, free speech, and innovation
- Fight for the Future: A grassroots activism group that fights for a future where technology is a force for liberation not oppression.
Help us reach further
There are, however, many other organizations that deserve the community’s support. We believe it is crucial for the broader Ethereum community to have a voice in how to allocate funding to promote education on these important topics.
So, in addition to the grants above we are also providing a $500,000 USD grant to the Gitcoin matching pool for their upcoming advocacy round.
Gitcoin’s crowdfunding rounds leverage quadratic funding, whereby individual donations signal community sentiment in a given set of grants. During the donation period, grant owners seek funds from the community. The number of contributions and total amount contributed to their project influences the total amount allocated from the matching pool. The Gitcoin round will provide the community with an opportunity to decide which advocacy nonprofits should receive additional funding for their work.
We encourage everyone to participate in the Gitcoin round (they will announce more details soon), and to help educate governments on the potential of what we’re building together, so we can create a regulatory environment that enables our community to do as much good as possible.